EXTERNAL PUBLIC AUDIT, A TOOL TO IMPROVE THE DECISIONS BY THE MANAGEMENT OF PUBLIC FUNDS FOR SUSTAINABLE DEVELOPMENT

Xiaoyu Zhan ()
Additional contact information
Xiaoyu Zhan: Valahia University of Targoviste, Romania

Internal Auditing and Risk Management, 2022, vol. 66, issue 2, 20-27

Abstract: The topic of the study tries to answer the question, „Is external public audit a lever to identify vulnerabilities in the way how the public funds for sustainable regional and local development are managed?†In this respect, the approach started from the analysis and re-treating of the disfunctions found by the Supreme Audit Institution in the management of public funds of the ministry under review. Thus, with the help provided by the global diagnostic grid of the public funding management of the ministry, the disfunctions were addressed in the hierarchical order of the entities which receive public funds and also according to the typology of the deviations. The disfunctions were re-treated on the basis of the trinomial criterion of financial accounting - budget execution - internal management control system.

Keywords: external public audit; financial accounting; budget execution; internal control; sustainable development (search for similar items in EconPapers)
JEL-codes: G3 H7 M4 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://aimr.univath.ro/download/1288_01136.pdf (application/pdf)
http://aimr.univath.ro/en/article/EXTERNAL-PUBLIC- ... EVELOPMENT~1288.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:66:y:2022:i:2:p:20-27

Access Statistics for this article

Internal Auditing and Risk Management is currently edited by Emilia Vasile

More articles in Internal Auditing and Risk Management from Athenaeum University of Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu and Emilia Vasile ().